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Dec 6, 2012
12/12
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want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there hasn't been movement. it looks like they're getting ready where they are, but they haven't moved yet, so maybe they haven't violated the red line exactly. >> that's right, larry. they've got everything in place to do that. but what are the possibilities here? u.s. military officials say it would be very difficult to target certain areas. there are possibilities if they're going to load them on the planes. they could use cruise missiles to attack airstrips, for example. they can't blow up the weapons sites themselves, otherwise then the deadly gases could be spread among the public and kill thousands. the only other option according to some people that i've been talking to over the past couple of days is possibly take those cruise missiles and aim them not only at the airport strips, but at regime targets. even perhaps president assad himself. but so far, w
want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there hasn't been movement. it looks like they're getting ready where they are, but they haven't moved yet, so maybe they haven't violated the red line exactly. >> that's right, larry. they've got everything in place to do that. but what are the...
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Dec 8, 2012
12/12
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federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a majority of the vote nurse 2008. having taken that case, the court could get to the bedrock issue. can any state refuse to let same sex couples get married under the federal constitution. it could potentially be narrow or very far. >> pete, as i understand it, let me ask you. this one of these things, maybe the driving one, is defense of marriage act was about paying the estate act. where one of the two people said she didn't have to pay the estate tax because a married couple wouldn't have to. >> reporter: this is a case from new york. a woman named edie win
federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a...
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Apr 10, 2013
04/13
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that was one of the backbones of the reagan bull market and the clinton bull market. i want to ask you about gold and why other commodities are also going down. >> i don't have a good answer for it. i think it's a squits frenic market. everybody has had an expectation that maybe we would have an end to the qe. i don't agree with you on the growth profile. i would be thrilled to see that growth. >> it's not going to happen all year. >> the economy is basically in a 2 to 3% growth range. it's not in recession. all i'm say something america is stabilizing at this point and it's a good thing for stocks. and the other thing i want to say is for all this alleged money creation and pump priming, the inflation rate year on year on the consumer price deflator. you couple all of that and throw in japanese liquidity, i'm telling you this stock market has legs. >> it's the expectations that have legs. >> i don't think there is going to be five, six percent earnings growth but it will be better than wall street was looking for. >> don't you think a lot of that has been financial e
that was one of the backbones of the reagan bull market and the clinton bull market. i want to ask you about gold and why other commodities are also going down. >> i don't have a good answer for it. i think it's a squits frenic market. everybody has had an expectation that maybe we would have an end to the qe. i don't agree with you on the growth profile. i would be thrilled to see that growth. >> it's not going to happen all year. >> the economy is basically in a 2 to 3%...
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Aug 18, 2009
08/09
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they gave too much specificity and details and they essentially thumbed their nose at bill clinton. he went almost to the other extremes. here are the objectives, you guys figure this out. by now, august resecretaries very important time in terms of members representatives testing their constituents, you have a bunch of bills without any detail in them. this is a tremendous problem for obama. >> let me say a couple things. first, come on, bob, your idea republicanser are scare mongering. i didn't hear you objecting to scare mongering when george w. bush tried to fix social security and everybody ran around and said, this will ruin social security. >> he was very specific. >> wait a minute, steve. he wanted to privatize social security with a very specific plan. >> exactly. what did democrats say, it will destroy the social security system? the point is the democrats did the same thing when president bush tried to fix the social security system. the second point i wanted to make in this idea of what the objectives of this bill are, this is the whole problem, robert reich, on one hand
they gave too much specificity and details and they essentially thumbed their nose at bill clinton. he went almost to the other extremes. here are the objectives, you guys figure this out. by now, august resecretaries very important time in terms of members representatives testing their constituents, you have a bunch of bills without any detail in them. this is a tremendous problem for obama. >> let me say a couple things. first, come on, bob, your idea republicanser are scare mongering....
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Nov 24, 2009
11/09
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bill clinton tried it in 19d 93 and '94, and guess what happened? the economy slowed down and we almost went into another recession. >> can i say something? i agree. we don't want to raise taxes but -- >> do you all agree, isn't it a matter of common sense, you don't want to raise taxes but you want more government spending right now in order to get more people and leave them in joblts? i have to leave it there. everybody stay put. we have more work to do 37 specifically, steve raises the situation on the health care bill. coming up, harry reid reached a key 60-vote hurdle over the weekend. but the fate of obama care in the senate is still very much in the air. we'll talk withrun senator bond about what the senate bill means for you and your taxes. "the kudlow report" will be coming right back. >>> senate may majority leader reached this key 60 votes over the weekend. will the future of the obama be quite so careful. we're joined live from washington. how are things looking tonight? how are they beginning to shape up. >> simon let me try it this way
bill clinton tried it in 19d 93 and '94, and guess what happened? the economy slowed down and we almost went into another recession. >> can i say something? i agree. we don't want to raise taxes but -- >> do you all agree, isn't it a matter of common sense, you don't want to raise taxes but you want more government spending right now in order to get more people and leave them in joblts? i have to leave it there. everybody stay put. we have more work to do 37 specifically, steve...
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Nov 21, 2013
11/13
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president clinton received the medal even with his recent criticism of obama care. look at this, larry, people already lined up for black friday sales at best buy in ohio. they're camping out in style with generators, heaters. they're not looking to buy anything in particular, they like camping out being first on line. i'm not sure that makes it better or worse, shopping with no purpose. >> a week ahead. >> very early. >> quite interesting. >> one quick thing on the paul ryan. they important he made these comments, he and senator patty murray who's a democrat. neither one of them want a shutdown. >> nice to see them working together to a certain extent. >> neither of them want a shutdown, i'll go that far, but the current law, the sequester, the automatic budget cut, stays in place and in fact drops down another $100 billion which suits me just fine. we're squeezing out the federal government and the deficit and i think it's good for the economy. thank you to jackie deangeles. you don't have to be a big chance with the banks. it just came out of nowhere. is this jus
president clinton received the medal even with his recent criticism of obama care. look at this, larry, people already lined up for black friday sales at best buy in ohio. they're camping out in style with generators, heaters. they're not looking to buy anything in particular, they like camping out being first on line. i'm not sure that makes it better or worse, shopping with no purpose. >> a week ahead. >> very early. >> quite interesting. >> one quick thing on the paul...
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Feb 6, 2013
02/13
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ran enormous deficits and clinton surplus. >> bill clinton cut spending with newt gingrich. not tax rates. never. >> the tax increases have happened. the tax increases have happened. that part of the balance is there. now it is time to look at the other side which is spending cuts and entitlement reform. that's what hasn't come yet. >> i have to get out. thanks very much. appreciate it. you're both great. so are house republicans prepared to put up a spending cut fight with the president some let's get t? let's get the gop perspective. mr. roscom, what is your response to president obama's rift today? >> well, look, this is president obama's sequester to pay for the old ket credebt ceiling deal. that being said, the president also in december last time you and i talked had a great deal to say about all these revenues that were coming in and he created the impression on the part of the american public that all of our fiscal problems were going to go away. it was all going to be great if simply those tax rates went up. well, the tax rates went up, the president now has $600 bi
ran enormous deficits and clinton surplus. >> bill clinton cut spending with newt gingrich. not tax rates. never. >> the tax increases have happened. the tax increases have happened. that part of the balance is there. now it is time to look at the other side which is spending cuts and entitlement reform. that's what hasn't come yet. >> i have to get out. thanks very much. appreciate it. you're both great. so are house republicans prepared to put up a spending cut fight with...
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Jan 23, 2013
01/13
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he said he didn't want to be like clinton. he wanted to be the way reagan was an change american politics. that is was the speech he gave in which you wouldn't think a blade of grass go e es grows up this country. >> a single blade of grass without government. >> he talked about collectivism. he said we are going to keep the deficits and raise tax rates on the rich. campaign city, here we go. i don't think this is specific. it was broad in general and appealed to a lot of universal themes. anyone watching that team will know that it wasn't ideal logical speech. it was an important speech. the is agenda was laid out in the presidential campaign. he won that. the american people voted for that. here, he was laying out the not very specific things he was going to do. but a vision for the country. he was dividing the gop. i don't think the president can take credit for the ambivalence that exists within the republican party. i mean how do you see this? >> there is no question you can't deny that obama wants to end the reagan era.
he said he didn't want to be like clinton. he wanted to be the way reagan was an change american politics. that is was the speech he gave in which you wouldn't think a blade of grass go e es grows up this country. >> a single blade of grass without government. >> he talked about collectivism. he said we are going to keep the deficits and raise tax rates on the rich. campaign city, here we go. i don't think this is specific. it was broad in general and appealed to a lot of universal...
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Mar 4, 2010
03/10
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all you're doing is expanding the dole. >> health reform is paid for. >> your man clinton never would have signed on for it. anyway, david goodfriend, mike frank, you're very kind to help us out. we're waiting for scott brown, the tea party man from massachusetts. he's got a brand-new tax cut that he is going to unveil right here on "the kudlow report." mr. brown is in between votes, but i'm told we are going to get him soon. please stay with us. you don't want to miss it. hi, may i help you? yes, i hear progressive has lots of discounts on car insurance. can i get in on that? are you a safe driver? yes. discount! do you own a home? yes. discount! are you going to buy online? yes! discount! isn't getting discounts great? yes! there's no discount for agreeing with me. yeah, i got carried away. happens to me all the time. helping you save money -- now, that's progressive. call or click today. going on? we ordered a gift online and we really need to do something with it... i'm just not sure what... what is it? oh just return it. returning gifts is easier than ever with priority mail flat
all you're doing is expanding the dole. >> health reform is paid for. >> your man clinton never would have signed on for it. anyway, david goodfriend, mike frank, you're very kind to help us out. we're waiting for scott brown, the tea party man from massachusetts. he's got a brand-new tax cut that he is going to unveil right here on "the kudlow report." mr. brown is in between votes, but i'm told we are going to get him soon. please stay with us. you don't want to miss it....
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Mar 11, 2010
03/10
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the discretionary non-security domestic budget left by bill clinton grew to that kind of spending 16% in one year. in the first budget of bush, we reduced that growth rate to about 6%, then to 4%, then to 3%, then to 2%, then we flat-lined it less in legislation for the second term. that was hard to do because you're asking members of congress, don't vote for big spending increases every year. if you're spending 16% every year like clinton was doing, you'll double that kind of spending in a pretty short period of time. >> in the book, it's very interesting to me, you essentially say it was the republican congress that overspent, and you finger them for earmarks, which is the whole deal, and you talk about the bridge to nowhere, and you say this is what helped bring them down in 2006. fine. but, karl, why didn't the president veto those pieces of legislation? that's one of the biggest beefs against president bush? >> i get it, but here's why. if they lived up to his top line number, you can't veto that bill and say, you got more earmarks in there than i like. >> he could have rescinded
the discretionary non-security domestic budget left by bill clinton grew to that kind of spending 16% in one year. in the first budget of bush, we reduced that growth rate to about 6%, then to 4%, then to 3%, then to 2%, then we flat-lined it less in legislation for the second term. that was hard to do because you're asking members of congress, don't vote for big spending increases every year. if you're spending 16% every year like clinton was doing, you'll double that kind of spending in a...
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Nov 20, 2013
11/13
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it's unconventional, but so is bill clinton and al gore and this pushed the whole next generation movement. that was key to the '92 election. in this case, when you're going to clearly -- republicans are going to run against the institutional washington insider, that being hillary clinton who's not just been a secretary of state and a u.s. senator, first lady, she has been around washington for a long time. >> she also campaigned for the single payer -- >> well, obama care is really hillary care. >> you're ruling out paul ryan -- >> to me, i think paul ryan is one of the few exceptions in congress who really steps up and has that reform agenda that we most often see from governors that we don't see enough of in washington. but i really feel overall there has to be an anti-washington sentiment out there amongst both republicans and democrats and the more you can capitalize on that by sending people up, they're going to come in from outside of washington, those are the people we we'll turn to. >> if you win this november you'll run for president, are you not? >> no, i'm focused on being gove
it's unconventional, but so is bill clinton and al gore and this pushed the whole next generation movement. that was key to the '92 election. in this case, when you're going to clearly -- republicans are going to run against the institutional washington insider, that being hillary clinton who's not just been a secretary of state and a u.s. senator, first lady, she has been around washington for a long time. >> she also campaigned for the single payer -- >> well, obama care is really...
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Sep 17, 2012
09/12
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i want to go back to the democratic convention in the speech by bill clinton. who asked a very important question that may be asked again and again during the debate. let's list enbriefly to what president clinton asked. >> republican economic policies quadruple the national debt before i took office in the 12 years before i took office. double the debt in the eight years after i left. because it defied arithmetic. president obama's plan cut the debt. >> all right. he basically is asking a very tough question. now i don't know whether president obama is going to have a deficit reduction plan or not. i haven't heard one. what's your response? i don't think republicans have responded to clinton's argument that the gop doubled the debt before he came into office and doubled it again afterwards. what's your reaction to that? >> i think if you look back historically it was under republicans we saw efforts to control deficits, a deep concern about the state of fiscal affairs. they went at it repeatedly in the first bush administration. so, i don't think that's a fair
i want to go back to the democratic convention in the speech by bill clinton. who asked a very important question that may be asked again and again during the debate. let's list enbriefly to what president clinton asked. >> republican economic policies quadruple the national debt before i took office in the 12 years before i took office. double the debt in the eight years after i left. because it defied arithmetic. president obama's plan cut the debt. >> all right. he basically is...
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Nov 27, 2012
11/12
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the clinton income tax hikes underproduced revenue based upon their projections. they got in less money than they thought. when clinton lowered capital gains they got in far more revenue than they thought. cutting taxes is expansionary and raising taxes is contractionary. >> this discussion still comes down to spending. >>> a man in washington who has never wavered on this issue is senator tom coburn and in 20 minutes mr. coburn will join to us vent his frustrations about the fiscal cliff and the one-sided discussion and attention on revenues alone which is driving me crazy. politics aside, the question is what happens to the economy and your money if we go over the cliff or just kick the can down the road? you're going to want to hear what our next guest's predictions are because he's a former undersecretary of the treasury and he's a serious guy. later on, didn't president obama promise to pull out our troops out of afghanistan? now he's changing his mind. we're going look at what that means. i think he's got it right this time, and don't forget, folks, free mar
the clinton income tax hikes underproduced revenue based upon their projections. they got in less money than they thought. when clinton lowered capital gains they got in far more revenue than they thought. cutting taxes is expansionary and raising taxes is contractionary. >> this discussion still comes down to spending. >>> a man in washington who has never wavered on this issue is senator tom coburn and in 20 minutes mr. coburn will join to us vent his frustrations about the...
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Jul 23, 2012
07/12
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reagan or clinton. they had 15 to 30% higher dollar and oil prices in both periods. >> came down. >> were 18 to 20 a barrel. >> and gold prices came down. i was disturbed by the mcdonald's report today. mcdonald's, the quintessential global company, every place, and they reported lousy earnings, lousy revenues and lousy guidance. you know what? i'd use mcd's as a global indicator. i didn't like a thing hay had to say. >> it's nasty. that's what economic cycles are. keynesian economists say the elixir of life is we can smooth the economic cycle. that hasn't happened. you cannot ban gravity either. corporate earnings cycles go up and down. the best way to get earnings on track at mcdonald's is to drop the oil price. >> drop oil prices and grow the economy with supply side policies. keith, thank you very much. up next, unprecedented fines levelled against penn state over the child abuse scandal. some are questioning tonight whether the school should be paying the price. we'll report on it in a moment. my v
reagan or clinton. they had 15 to 30% higher dollar and oil prices in both periods. >> came down. >> were 18 to 20 a barrel. >> and gold prices came down. i was disturbed by the mcdonald's report today. mcdonald's, the quintessential global company, every place, and they reported lousy earnings, lousy revenues and lousy guidance. you know what? i'd use mcd's as a global indicator. i didn't like a thing hay had to say. >> it's nasty. that's what economic cycles are....
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Mar 1, 2013
03/13
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here's my question, when bill clinton raised taxes on every single american in 1993 and balanced the budget, what happened? i mean, just refresh us all. give us a history lesson as to what happened. >> actually, he raised -- only raised taxes on middle income people, i think it was a nickel or four-cent gas tax. he raised taxes on higher income. i think we had the longest sustained period of economic growth and the best period of economic growth we ever had. >> he cut the capital gains tax. and he was -- he was a budget cutter. he was -- >> much later. >> the boom started in the second term. >> he's a keynesian. you're supposed to cut in good times and spend in bad times. bush spent in good times and -- >> thank you very much, yes. >> they understood that. that's what you're supposed to do, larry. >> and spends all time -- >> get the government out of the way, when it's going down then they come in and try to lift it up. >> let me raise this point, i'm going to give clinton a lot of credit. >> okay. good. he's coming to my house in new orleans on wednesday and i'm going to say larry'
here's my question, when bill clinton raised taxes on every single american in 1993 and balanced the budget, what happened? i mean, just refresh us all. give us a history lesson as to what happened. >> actually, he raised -- only raised taxes on middle income people, i think it was a nickel or four-cent gas tax. he raised taxes on higher income. i think we had the longest sustained period of economic growth and the best period of economic growth we ever had. >> he cut the capital...
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Nov 6, 2013
11/13
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bill clinton putter ri mcauliffe on his back. hillary clinton came in here and did the same. it will be a mccall live victory in the history book. this is a clinton victory in terms of virginia for 2016 and who will ultimately become president that year. right where you are, new jersey, chris christie, you're going to see it tonight. this is a race between the two of them already in 2013. >> i agree. the parameters are closing. luke russert, you are the best. thank you for helping us out. >>> now more on today's election results a little later in the hour. the other top story, the ongoing obama care train wreck which is the white house trying to rewrite history. remember when our president retedly told us this, no matter how we reform health care to the american people, if you like your doctor, you will be able to keep your doctor, period. if you like your health care plan, you will be able to keep your health care plan, period. >> but it turns out that wasn't actually the case. millions have seen their existing insurance plans canceled. now despite promising at least 29 time
bill clinton putter ri mcauliffe on his back. hillary clinton came in here and did the same. it will be a mccall live victory in the history book. this is a clinton victory in terms of virginia for 2016 and who will ultimately become president that year. right where you are, new jersey, chris christie, you're going to see it tonight. this is a race between the two of them already in 2013. >> i agree. the parameters are closing. luke russert, you are the best. thank you for helping us out....
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May 22, 2012
05/12
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with obama replace the outspoken biden with hillary clinton? two-thirds of americans view her favorably. let's bring in our guest. keith boykin and senior contributor keith williams. biden was put on the ticket for his foreign policy gravitas. he is the biggest gaffe machine in political history. should president obama go into a tight race with that land mine waiting to go off, keith? >> he's not a land mine. absolutely he needs to stick with joe biden. if you get rid of biden right now, it makes it look like the president is weak. you can't abandon somebody who has been with you all this time. that's about disloyalty. he can connect with white voters and he can articulate the message to middle class and working class voters in a way that barack obama hasn't been as able to do. he's effective but not as effective as joe biden it s. >> i'm not sure if that works anymore. he's trying to create that aura of every man but he's a long-time washingtonin sider. >> he takes the train -- >> it's very expensive to go from wilmington to d.c. >> biden mayb
with obama replace the outspoken biden with hillary clinton? two-thirds of americans view her favorably. let's bring in our guest. keith boykin and senior contributor keith williams. biden was put on the ticket for his foreign policy gravitas. he is the biggest gaffe machine in political history. should president obama go into a tight race with that land mine waiting to go off, keith? >> he's not a land mine. absolutely he needs to stick with joe biden. if you get rid of biden right now,...
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Jul 8, 2013
07/13
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because that occurred in the clinton years. >> well, it began in the clinton years. >> that's right. >> i think summers began -- >> it began. >> it began. bush was sitting there and the idea that he couldn't do anything to change the course, i don't necessarily have great respect for president bush's economic abilities. he was sitting there. he had plenty of time to change courses. >> i just wanted to ask that. dan mitchell, let me come back to the principle matter at hand, with i is a 15% tax on the repatriated profits of american corporations. these are overseas profits. what's your take on that? i'm sure you read summers' op ed. >> first, we should have a 15% corporate tax rate overall. we have a 35% federal tax rate on u.s. sourced income and then a 15% sourced income. well, if it's so good to have a 15% rate to have it on foreign sourced goods, why aren't we lowering our u.s. corporate tax rate as well? having said that, it's clearly a positive sign that he recognizes that our worldwide tax system makes it very difficult for u.s. conditions to compete for market share abroad. i
because that occurred in the clinton years. >> well, it began in the clinton years. >> that's right. >> i think summers began -- >> it began. >> it began. bush was sitting there and the idea that he couldn't do anything to change the course, i don't necessarily have great respect for president bush's economic abilities. he was sitting there. he had plenty of time to change courses. >> i just wanted to ask that. dan mitchell, let me come back to the principle...
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Nov 12, 2013
11/13
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you look at jimmy carter remember ronald reagan, bill clinton. bill clinton was a great president. i voted for him twice, larry. ronald reagan was a great president. you got, as you said hoover was terrible. then you got harding, coolidge. it's not republican or democrat. jack kennedy was one of the best presidents we ever had. what it is when policies start changing then i think you see these markets start responding and it's not republican, democrat, liberal or conservative it's economics. you're right on the profits. profits are way up and so are stock prices. >> that's what i want to get. everybody tells me this is a bubble. everyone tells me it's only because of the fed. i don't deny that the fed's policies are helping stocks. they are stock market friendly. i think profits and the behavior -- look, the resilience of the u.s. private sector and the u.s. companies large and small that resilience is phenomenal. >> it's amazing. just amazing. >> i think, dan gross, you have to give the companies -- >> you have to give them a lot of credit. they got the free money which is good fo
you look at jimmy carter remember ronald reagan, bill clinton. bill clinton was a great president. i voted for him twice, larry. ronald reagan was a great president. you got, as you said hoover was terrible. then you got harding, coolidge. it's not republican or democrat. jack kennedy was one of the best presidents we ever had. what it is when policies start changing then i think you see these markets start responding and it's not republican, democrat, liberal or conservative it's economics....
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Feb 21, 2013
02/13
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>> the biggest changes go back to the clinton administration, the new source rules. if you did anything substantial in a refinery, it would have to comply with the new standards. >> since then, the prices have come way down and -- >> absolutely. and some of the big refineries that supply the oeast coast, larry, have been in the caribbean, not here. >> i always used the rule of thumb that eventually gasoline prices will follow crude oil prices. i still think that rule of thumb is applicable. what is going to happen here? >> well, at some point, they are making -- the ones still in business refining crude oil and gasoline are making an absolute fortune. these are numbers i can't get my head around. when i grew up doing this, $8 a barrel was your profit margin on gasoline, now making over $40 a barrel from crude oil -- >> why is that -- that's not good. >> the market should be saying -- >> i'm not saying. >> that's not good. >> that's why delta airlines bought their own refinery. >> looking into buying a refinery. >> doesn't sound like a free market. that's the trouble.
>> the biggest changes go back to the clinton administration, the new source rules. if you did anything substantial in a refinery, it would have to comply with the new standards. >> since then, the prices have come way down and -- >> absolutely. and some of the big refineries that supply the oeast coast, larry, have been in the caribbean, not here. >> i always used the rule of thumb that eventually gasoline prices will follow crude oil prices. i still think that rule of...
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Feb 22, 2013
02/13
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we cut spending under clinton and reagan and we did it after world war ii. we did it under calvin coolidge. in every case it was pro growth and private prosperity. let's get the job done asap. our cnbc contributors have some thoughts of their own. i want to talk about mr. costa, i want to go to mr. costa first. i want to hear about this big sequester news the president on the phone with john boehner and mitch mcconnell. i didn't even know he had their numbers. what's going on here. >> the relations between capitol hill republicans and president have been quite icy for the past few months but the president called mitch mcconnell and john boehner but according to my inside sources those calls were unproductive. impasse about the sequester continues. >> no deal? >> no deal happening. republicans don't say to the president we're not going to raise taxes regardless of the kind of political pressure you put on us and the scare tactics you have about the potential job losses. >> will we see last minute negotiating? >> i think so. it will go right up to that march 1
we cut spending under clinton and reagan and we did it after world war ii. we did it under calvin coolidge. in every case it was pro growth and private prosperity. let's get the job done asap. our cnbc contributors have some thoughts of their own. i want to talk about mr. costa, i want to go to mr. costa first. i want to hear about this big sequester news the president on the phone with john boehner and mitch mcconnell. i didn't even know he had their numbers. what's going on here. >> the...
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Oct 8, 2013
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you have former clinton white house and cnbc contributor, keith. jonathan strong of the national review. budget expert, steve bell as a bipartisan policy center for brookings institute. >> john, if you look at the press conference today, president obama said i'm going to pass some kind of continuing budget resolution and debt limit increase. it will either be short term or long term, but i'm going to pass it and it's going to be clean with no amendments and changes and basically john boehner shot right back and said, over my dead 3w09dsy, all right? who's going to win this? >> both sides think they're going to win. you saw obama seem to open the door. it was sandwiched in between him calling republicans hostage takers, ransom takers, that kind of thing. the bears slammed the door back shut less than an hour later. in the meantime i had a talk to several republican members and aids who thought this might be a path forward. it may be that they need to fight for another few days until it becomes right, moral path for hinl. >> i made it shorter. i see.
you have former clinton white house and cnbc contributor, keith. jonathan strong of the national review. budget expert, steve bell as a bipartisan policy center for brookings institute. >> john, if you look at the press conference today, president obama said i'm going to pass some kind of continuing budget resolution and debt limit increase. it will either be short term or long term, but i'm going to pass it and it's going to be clean with no amendments and changes and basically john...
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Oct 15, 2013
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that's what bill clinton had happen. he had a tremendously good economic -- he was able to cut spending a lot. >> there's no one talking growth. growth, growth, growth. >> growth is it. >> growth, by the way, lowers revenues. i mean, growth lowers welfare. growth does -- >> it does everything. >> growth promotes leverage. you take the bubbling get deficit down by tens of trillions of dollars. >> exactly. >> you have houses, jpmorgan, morgan stanley, they're all very pes sim miss city. if the shutdown lasts we'll lose 2% of gdp, americans will become greece. suppose we're shut down for another month. what happens? >> i remember when you were a little kid in the thomas jefferson days, larry, and, you know, honestly we've been to this barbecue many, many times. it's not going to hurt anything. this is a good, healthy discussion. i agree with ann totally that it's the discussion that should be had. what is the agenda for the u.s. going forward? if voters choose to throw republicans out, let them throw them out. this is their
that's what bill clinton had happen. he had a tremendously good economic -- he was able to cut spending a lot. >> there's no one talking growth. growth, growth, growth. >> growth is it. >> growth, by the way, lowers revenues. i mean, growth lowers welfare. growth does -- >> it does everything. >> growth promotes leverage. you take the bubbling get deficit down by tens of trillions of dollars. >> exactly. >> you have houses, jpmorgan, morgan stanley,...
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Jul 23, 2013
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we were or individual rates but obama and clinton brought that up significantly. we have doubled the corporate tax rate. canada -- >> we're one of the lowest tax countries in the oecd. if low taxes were a formula for job creation, they would have done much better in the bush years and they'd be doing better now. it's just not the right solution. >> i don't agree with that. by the way corporations don't pay taxes, individuals pay taxes. corporations just collect taxes. the other point he should make is now that he's waved the mandate for businesses on obama care to take another look at it, he should do the same thing for individuals. they don't have a verification system. premiums are going to skyrocket everywhere. these are things that affect the middle class, jared. it's like median incomes affect the middle class because the jobs that are being created are part-time jobs, not full-time jobs. >> his first tax increase was on middle- middle-income people, average income $40,000 a year. it took him 16 days to break his promise he was only going to tack ritax rich p
we were or individual rates but obama and clinton brought that up significantly. we have doubled the corporate tax rate. canada -- >> we're one of the lowest tax countries in the oecd. if low taxes were a formula for job creation, they would have done much better in the bush years and they'd be doing better now. it's just not the right solution. >> i don't agree with that. by the way corporations don't pay taxes, individuals pay taxes. corporations just collect taxes. the other...
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Sep 28, 2012
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our tax rates were higher and the world did not implode. >> bill clinton cut spending. >> bill clinton did cut spending. >> that's correct. >> bill clinton was worried about deficits. be obama is increasing spending. he wants tax credits and spending subsidies. >> this is not what with tax cuts to higher people -- >> i will ask you about when he talks about energy he is not talking about fraking or shale. he is talking about more green energy spending. that's the difference between him and clinton. >> appreciate that. what i'm saying is if you don't like the same as it ever was, let's have a conversation about the bush years if we are going to talk about what worked and didn't work, bush's policies did not work. if you don't believe me, look at the 4.5 million jobs. >> what do you mean? >> 2008 until january 2009, we lost 4.5 million jobs. >> do you know over the same time span that bush created more jobs. the bush recovery created more jobs than the obama -- >> what was -- >> even though the recession was much milder,crea more jobs than obama did. using the obama metric. listen, i kno
our tax rates were higher and the world did not implode. >> bill clinton cut spending. >> bill clinton did cut spending. >> that's correct. >> bill clinton was worried about deficits. be obama is increasing spending. he wants tax credits and spending subsidies. >> this is not what with tax cuts to higher people -- >> i will ask you about when he talks about energy he is not talking about fraking or shale. he is talking about more green energy spending. that's...
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Jun 1, 2012
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tonight we have democratic pollster and 1996 clinton campaign advisor mark penn. we have wisconsin republican senator ron johnson. and cnbc contributor carly tewina. welcome back. senator johnson, sir, may i begin with you and pick up on a thought that john harwood mentioned, it's been on my mind also. look, i know this is a tough election. and i know which side you're on. but we also have the country to think about, and it could be that we are on the front end of a recession. this is a miserable jobs number today. the third in a row. in your opinion, sir, is there any chance of a compromise to extend what i'm calling the bush-obama tax cuts to go for keystone with all those shovel-ready jobs? what's your take, senator ron johnson? >> well, larry, i wish there were. where the first compromise has to occur is between the president and let's say democrats in the senate. put forward a plan. let's see a budget. let's see what their plan is for long-term fiscal constraint. we haven't seen that yet. the president, i know, has presented some budgets, four of them where h
tonight we have democratic pollster and 1996 clinton campaign advisor mark penn. we have wisconsin republican senator ron johnson. and cnbc contributor carly tewina. welcome back. senator johnson, sir, may i begin with you and pick up on a thought that john harwood mentioned, it's been on my mind also. look, i know this is a tough election. and i know which side you're on. but we also have the country to think about, and it could be that we are on the front end of a recession. this is a...
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Jan 18, 2013
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hillary clinton did not confirm that either. we do know that we are providing intelligence support to french troops in the neighboring country of mali which turns out to be the touch stone that set off these militants in algeria. they wanted to retaliate for that action. >> all right. a tough one. michelle caruso-cabrera, thank you very much. >>> it's now final. listen to this. according to the congressional budget office the u.s. debt in 2012 jumped from -- jumped to $16.1 trillion from $14.8 trillion. that in 2011. that's $1.3 trillion deficit. you know, if the republicans want to save their house majority, they'd better cut spending like there's no tomorrow. we'll have a little debate on our budget priorities next up. almost tastes like one of jack's cereals. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of aer. fiber one. >>> welcome back. >>> welcome back. house budget committee chairman paul ryan announced today that
hillary clinton did not confirm that either. we do know that we are providing intelligence support to french troops in the neighboring country of mali which turns out to be the touch stone that set off these militants in algeria. they wanted to retaliate for that action. >> all right. a tough one. michelle caruso-cabrera, thank you very much. >>> it's now final. listen to this. according to the congressional budget office the u.s. debt in 2012 jumped from -- jumped to $16.1...
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Jul 27, 2012
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you know he likes to analogyize his terms to bill clinton. this is not what bill clinton practiced. bill clinton cut the capital gains tax. he did not demonize business. he balanced the budget. he negotiated free trade agreements. now obama wants to say this is our plan the way he did at our fundraiser in oakland at the beginning of the week this is not what bill clinton was about. if he wants to become the second bill clinton i'm all for that but that's not what he's been doing or planning on doing. my shell, again, i'll ask you the same question. i don't understand. okay. obama trashing romney at every turn. it's not working at least in the national polls. it may be working a little bit on likability but doesn't show up in the national polls, romney is doing very well. obama has no growth policies except to raise taxes and trash business. i don't understand the guy is in a lot of trouble. a lot of trouble. i don't understand what he thinks he's doing. >> i trashes romney because if people are focused on the economy they will see it's getting worse. consumer spending 1.5% when we w
you know he likes to analogyize his terms to bill clinton. this is not what bill clinton practiced. bill clinton cut the capital gains tax. he did not demonize business. he balanced the budget. he negotiated free trade agreements. now obama wants to say this is our plan the way he did at our fundraiser in oakland at the beginning of the week this is not what bill clinton was about. if he wants to become the second bill clinton i'm all for that but that's not what he's been doing or planning on...
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Jul 16, 2012
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we tried it clinton's way. it worked. >> clinton was the third reagan term. jennifer, you heard what david said. i want a response. this business about mitt romney's father is the reason for his success. >> it's absurd. he didn't inherit the money. yes, he educated himself. it's great that he did because he created enormous wealth for many people. he increased jobs for americans. this is how the system works. the left in america doesn't accept the basic premise that wealth creators are necessary. they are an evil as far as they are concerned. the president thinks they are evil and they are not. without them we won't have prosperity and we won't dig out of the recession. one more thing, i would say. david's former boss created welfare reform. it was one of the most important innovations of the 20th century in terms of public policy. this president has scuttled it. it's a disgrace. democrats including bill clinton should speak out. >> wrong way. it's funny how we are all nostalgic for bill clinton. david, jennifer and phil, appreciate it, everybody. coming up,
we tried it clinton's way. it worked. >> clinton was the third reagan term. jennifer, you heard what david said. i want a response. this business about mitt romney's father is the reason for his success. >> it's absurd. he didn't inherit the money. yes, he educated himself. it's great that he did because he created enormous wealth for many people. he increased jobs for americans. this is how the system works. the left in america doesn't accept the basic premise that wealth creators...
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Sep 5, 2012
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bill clinton did. clinton will say something to the effect that the republicans created a huge mess and now they are saying, hey, barack obama, you didn't clean it up fast enough. you have to put us back in charge. that's the essence of what president clinton will say. to put it in context the t, president clinton, without a single republican vote in 1993 got passed the balance budget economic plan. it was only until 1997 that the republicans then in control of congress had their stuff come into effect. that's indisputable. so what you will see today is president clinton saying, look. when president obama says i'm willing to cut government spending if we also have some revenues offset at a 3 or 4 to 1 ratio that's compromise. clinton will reframe it. >> look what obama is doing. obama is gutting welfare, the work requirements. the republicans came in in 1994. that's when the stock market started to rally. >> that's right. >> you saw it completely changed bill clinton. >> larry. >> i want to ask steve m
bill clinton did. clinton will say something to the effect that the republicans created a huge mess and now they are saying, hey, barack obama, you didn't clean it up fast enough. you have to put us back in charge. that's the essence of what president clinton will say. to put it in context the t, president clinton, without a single republican vote in 1993 got passed the balance budget economic plan. it was only until 1997 that the republicans then in control of congress had their stuff come...
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Jun 13, 2012
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on the economy, bill clinton 55%, barack obama 26%. bill clinton. the end of -- let's see, the era of big government is over. i will never forget it. in the campaign so far he's sided with romney saying to extend the bush tax cuts. nothing wrong with bain capital and romney has a successful business career. people like clinton. >> part of it is they remember the '90s as the modern equivalent of the roaring 20s. it was a good decade economically. they like what you were saying. 63% of americans want the bush tax cuts extended. most people think cutting taxes is good for the economy. what hurts the president through all of this and the reason he suffers by comparison to bill clinton, clinton did give a sense he was interested in slowing the growth of spending. barack obama keeps indicating he wants to spend even more. that's a recipe the american people simply don't buy. >> is that what it says about obama? in other words, i'm going to take it to mean a lack of confidence in obama and people don't want the kind of big government that obama seems to st
on the economy, bill clinton 55%, barack obama 26%. bill clinton. the end of -- let's see, the era of big government is over. i will never forget it. in the campaign so far he's sided with romney saying to extend the bush tax cuts. nothing wrong with bain capital and romney has a successful business career. people like clinton. >> part of it is they remember the '90s as the modern equivalent of the roaring 20s. it was a good decade economically. they like what you were saying. 63% of...
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Aug 30, 2012
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clinton got it, reagan got it. oil prices come down and that's a tangible message to give to the country. >> uh i dpr-- i agree. i think bernanke will speak tomorrow. what's your expectation. will he open the door to more useless fed stimulus or what? >> this guy will waffle. he's in a big world of hurt. he's got no growth, no employment gains. now consumer confidence -- get this -- for august is down 9% versus last month with the stock market going up. his strategy alongside obama is to get the stock market up. everybody will think everything is fine. everything is not fine. median incomes are down 5% since obama took office and the cost of living is up and to the right. >> keith, given your views that you have outlined are you playing this from the long side or the short side now? >> we are basically out of the way. sadly that's a big part of why there is nothing going on growthwise. people like me who run small businesses won't do anything until we e hear the central planners speak. that's sad and pathetic but t
clinton got it, reagan got it. oil prices come down and that's a tangible message to give to the country. >> uh i dpr-- i agree. i think bernanke will speak tomorrow. what's your expectation. will he open the door to more useless fed stimulus or what? >> this guy will waffle. he's in a big world of hurt. he's got no growth, no employment gains. now consumer confidence -- get this -- for august is down 9% versus last month with the stock market going up. his strategy alongside obama...
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Oct 26, 2012
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what do you make of the latest now today, hillary clinton is saying that she wanted to add security in benghazi and that the president said no. now that looks like she's jumping ship but what do you think? how does it sound to you? >> i'm not a politician, that's getting into a political world that i really can't comment on. but i do think that some congressional committee should ask people to come before them so that this doesn't happen again. they choked. they just choked and americans died and that's wrong. >> under oath, they ought to testify under oath. you know what? no two stories or no two statements coming out of the administration are the same. that's the most amazing thing. it's sort of like they are making it up as they went along because they don't want to hide what the truth is even though none of us know what the heck the truth really is. >> well the one thing that they have to be very careful about is that there are tapes. there are tapes of everything that happened over those seven hours. and sooner or later it's going to come out. >> wow. okay. ben west his newest boo
what do you make of the latest now today, hillary clinton is saying that she wanted to add security in benghazi and that the president said no. now that looks like she's jumping ship but what do you think? how does it sound to you? >> i'm not a politician, that's getting into a political world that i really can't comment on. but i do think that some congressional committee should ask people to come before them so that this doesn't happen again. they choked. they just choked and americans...
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Dec 5, 2013
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sometimes that was bill clinton's mantra. i want to hear that from mr. obama. he doesn't. he doesn't. he is trying. jared, i'm sorry, buddy, you know how much i respect you. >> same here. >> this president goes too much for redistribution. he just does. it's in his bones and he creates these divisions and today was the same old boring speech. i've got to tell you, either, a, get a new speech writer, b, get a new policy, preferably both. this is not the last. jared bernstein, the best of the best, jimmy p., thank you, gentlemen. i'm kudlow. i'm calm noun. i'm better now. >>> president obama hosted a big white house youth summit this afternoon, but guess who wasn't invited? you're about to meet the national chair of the college republicans who's going to tell us why she was stiffed and why millennials are deserting obama and obama care in droves. >>> speaking of obama care, we have another raft of new problems with the health care law to report today. that includes what looks a bit like a bailout for the insurance companies. i don't like that if it's true. crony capitalism i
sometimes that was bill clinton's mantra. i want to hear that from mr. obama. he doesn't. he doesn't. he is trying. jared, i'm sorry, buddy, you know how much i respect you. >> same here. >> this president goes too much for redistribution. he just does. it's in his bones and he creates these divisions and today was the same old boring speech. i've got to tell you, either, a, get a new speech writer, b, get a new policy, preferably both. this is not the last. jared bernstein, the...
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Jul 9, 2012
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here we have mark penn from 1996 bill clinton campaign adviser. ron kristy former special assistant to president george w. bush and james gilmore former rnc chairman and former virginia governor. ron kristy, is this a distraction? obama just wants to get away from the jobs report and away from the lousy economic data so now he's going into tax cuts and class warfare? >> this is absolutely a distraction. the american people were disheartened to see the terrible jobs report friday. 80,000 jobs created in the last month won't get it done when we have 156,000 people entering the work force every month. the president came out with the plan. he's playing to the base but he knows this is not going to pass the house of representatives where revenue must originate. he knows it won't pass the senate where you have a number of senators saying we should have a tax holiday for those making up to a million dollars it's class warfare and politics. >> i'm not sure. mark penn, i want to ask you about this business about a distraction. changing the message which is
here we have mark penn from 1996 bill clinton campaign adviser. ron kristy former special assistant to president george w. bush and james gilmore former rnc chairman and former virginia governor. ron kristy, is this a distraction? obama just wants to get away from the jobs report and away from the lousy economic data so now he's going into tax cuts and class warfare? >> this is absolutely a distraction. the american people were disheartened to see the terrible jobs report friday. 80,000...
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Mar 5, 2013
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i don't want to go with the higher rates of the clinton era. this is what the data shows. robert? the data show the rich are paying their share and then some. the idea that the middle class will benefit by hurting the rich or that the middle class pays more than the rich is nonsense. the middle class according to this study, their effective rate is 13.8. the upper end is 35.5. what are we talking about? >> the numbers don't lie. >> why we haven't done a good job articulating that. rich people are rich but they are also job creators. we need to do a better job of explaining this. >> the argument -- >> nancy pelosi often hears talking points that says the rich people need to pay their share and trickle down economics. >> we have had wages for the top 1% increase by double digits. >> so what? >> for the rest of the 99%, decline. >> no, no, no. middle income wages have gone up over the same period at 40%. art, i have to be blunt. this is class warfare. if you want equality of opportunity then we should be getting it here in america. if you want equality of results i thought that was t
i don't want to go with the higher rates of the clinton era. this is what the data shows. robert? the data show the rich are paying their share and then some. the idea that the middle class will benefit by hurting the rich or that the middle class pays more than the rich is nonsense. the middle class according to this study, their effective rate is 13.8. the upper end is 35.5. what are we talking about? >> the numbers don't lie. >> why we haven't done a good job articulating that....
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Nov 22, 2012
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now, peter, this is something, a quote from secretary of state hillary clinton today. she is in egypt. she says with president marcy. egypt assumed responsibility and leadership for the peace. peter brooks, i guess i might like it believe that. but with marcy and the muslim brotherhood behind them, they favor hamas. they hate israel. how can he possibly preside over real truce? >> that's a very good question, larry. i mean, president morecy is being tested. we will see if he rises to the occasion. don't forget he has the camp david acords with israel and he gets a lot of aid. egypt gets a lot of aid, economic and military aid for the united states with a peace treaty with israel. if they move away with that, that's in jeopardy. this new president is untested. it is a new government. if he is not able to provide for the country of egypt, things may change. he has been put on the spot, and he will have to perform. >> one more spot, peter. his foreign ministry and his morn minister and prime minister have said good things about hamas and bad things about israel. pardon my
now, peter, this is something, a quote from secretary of state hillary clinton today. she is in egypt. she says with president marcy. egypt assumed responsibility and leadership for the peace. peter brooks, i guess i might like it believe that. but with marcy and the muslim brotherhood behind them, they favor hamas. they hate israel. how can he possibly preside over real truce? >> that's a very good question, larry. i mean, president morecy is being tested. we will see if he rises to the...
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and calls to replace joe biden with hillary clinton. today, the vp meeting in the oval office with the secretary of state and president, then lunch with the president. is it all a show? new york times best selling author of "the amateur" ed klein, my special guest to tell us what's going on. first up in his first remarks touching foreign policy since becoming mitt romney's running mate paul ryan was in manufacturing heavy ohio and had tough words for china's thievery of our intellectual property. he had tough words for the president. we go to ron mott with the details. >> reporter: good evening, larry. what a day this turned out to be on the campaign trail. we weren't expecting this much action but we got it. we'll start in south carolina where governor romney once again hit back at his attackers and the allegations that he paid next to no taxes over the last ten years. in a briefing with reporters he said he reviewed the last ten years or so of tax returns, found he and ann paid taxes every year and the least amount they paid was about
and calls to replace joe biden with hillary clinton. today, the vp meeting in the oval office with the secretary of state and president, then lunch with the president. is it all a show? new york times best selling author of "the amateur" ed klein, my special guest to tell us what's going on. first up in his first remarks touching foreign policy since becoming mitt romney's running mate paul ryan was in manufacturing heavy ohio and had tough words for china's thievery of our...
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Jun 6, 2012
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clinton seemed to agree. arguing we should act now. not after the elections, to avoid the fiscal cliff. >> well, i happen to think president clinton right on the money. isn't it time to fix the fiscal tax cliff, get business some certainty, and stave off recession? here now, house members peter welch, democrat from vermont. and nan hayworth from new york. by the way, at this point, half the major opinion makers in the democratic party agree with the getting rid of the tax cliff and disagree with their own president, peter. >> well, there was picking and choosing among the republican leaders delighted to hear tax cut on president clinton's lips. he clarified that, number one. number two, i think what we need to do is what president clinton did, a balanced approach. his budget vote that he won by one vote, raised taxes and it lowered spending. a balanced approach. led to $20 million new jobs in three years of surpluses, and that's what i am arguing for. we need a balanced approach where the pentagon contributes
clinton seemed to agree. arguing we should act now. not after the elections, to avoid the fiscal cliff. >> well, i happen to think president clinton right on the money. isn't it time to fix the fiscal tax cliff, get business some certainty, and stave off recession? here now, house members peter welch, democrat from vermont. and nan hayworth from new york. by the way, at this point, half the major opinion makers in the democratic party agree with the getting rid of the tax cliff and...
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Oct 1, 2013
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clinton was very good at it, too, you are exactly right. i have to get out of here. you're exactly right, clinton was also good at it. kayla, thank you very, very much. give the mole from jpmorgan my very best regard. now time to get back to the top story in america. the federal government shutdown continues. it looks like it will for a while. is there any chance for a deal. we're about to ask for the presidential candidate. man: 'oh i can't go tonight' woman: 'i can't.' hero : that's what expedia asked me. host: book the flight but you have to go right now. hero: (laughs) and i just go? this is for real right? this is for real? i always said one day i'd go to china, just never thought it'd be today. anncr: we're giving away a trip every day. download the expedia app and your next trip could be on us. expedia, find yours. make my mark i wawith pride.ork. create moments of value. build character through quality. and earn the right to be called a classic. the lands' end no iron dress shirt. starting at 49 dollars. so, if you're sleeping in your contact lenses, what you
clinton was very good at it, too, you are exactly right. i have to get out of here. you're exactly right, clinton was also good at it. kayla, thank you very, very much. give the mole from jpmorgan my very best regard. now time to get back to the top story in america. the federal government shutdown continues. it looks like it will for a while. is there any chance for a deal. we're about to ask for the presidential candidate. man: 'oh i can't go tonight' woman: 'i can't.' hero : that's what...
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Sep 10, 2012
09/12
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appears to me romney's failure to make the sale on the economy has given the edge to obama and his pal, clinton. the poll has them leading by 5 in the national tracking surveys. that ain't much. according to real clear politics, although the margins are tight, out of nine tossup state, president obama is leading in eight. has some on the team romney worried and me worried, so much so and e-mail went out to supporters saying don't let daily polls discourage you. it's an even-up race. sounds like the daily stock market. here's jimy williams, steve moore of the "wall street journal" editorial board and author of "return to prosperity goprosperity" and author of new book "divider in chief", the fraud of hope and change. before we get to the fraud of hope and change, i think hope and change wonthy convention pounce. i didn't think mr. romney got the economic message done. cut taxes, taxing, deregulating but does he connect that with original nary voters and say convincingly, here's how we will get out of this economic mess. >> he has been specific. the guy has something like 60 points on his website
appears to me romney's failure to make the sale on the economy has given the edge to obama and his pal, clinton. the poll has them leading by 5 in the national tracking surveys. that ain't much. according to real clear politics, although the margins are tight, out of nine tossup state, president obama is leading in eight. has some on the team romney worried and me worried, so much so and e-mail went out to supporters saying don't let daily polls discourage you. it's an even-up race. sounds like...
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Feb 14, 2013
02/13
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if you go back to the last two booms we had, the clinton and reagan boom when there was huge demand for oil, the price was nowhere near it is now. it's obama's week dollar that has driven up the price of oil. >> we may be energy independent, austan. that's the kie keye point i'm trying to make. let me move on to the infrastructure. he wants another $50 billion of infrastructure. nobody is against infrastructure but anybody up on the hill says there should be long-term planning so we can do it efficiently. >> i agree with that. >> he has put so much extra money that never was shovel ready. you've heard that line, he used it himself, and here, too, i got to say to you all this government money, if it was going to jump the economy, why hasn't it jumped the economy? if it was going to work up till now, why hasn't it worked? infrastructure, he's going to have housing credits again. we've done all this. we've done all this. >> let's do it one at a itime. >> i don't like the government planning. i like free market resources. >> neither do i. in the case of infrastructure, the president has rep
if you go back to the last two booms we had, the clinton and reagan boom when there was huge demand for oil, the price was nowhere near it is now. it's obama's week dollar that has driven up the price of oil. >> we may be energy independent, austan. that's the kie keye point i'm trying to make. let me move on to the infrastructure. he wants another $50 billion of infrastructure. nobody is against infrastructure but anybody up on the hill says there should be long-term planning so we can...
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Jan 9, 2013
01/13
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that was a clinton democratic party. this pick to me, puts to rest the whole idea that there will ever about an obama pivot to the center. he went with a guy who was to the left of tim geithner. he is there to execute the obama tax hike don't reform entitlements policy. >> that is a greaeat point. >> he is there to stabilize the debt. >> this is not a centerist appointment. th mr. geithner, i believe he was a centerist. >> why is he a financial market guy? >> he grew up as a banker. what about larry fink, he is a democrat and well respected by everyone. >> i have a list here. >> jamie diamond. ken chenault. >> you need someone who understands the fiscal books at a time like this. >> we disagree. we don't need someone who understands the books, we need someone who understands where we should go and where those books should take us. and i don't think he does. i don't think they understand fiscal policy better than jack lou. he got you guys a surplus back in the 90s. >> all established people in financial markets all distin
that was a clinton democratic party. this pick to me, puts to rest the whole idea that there will ever about an obama pivot to the center. he went with a guy who was to the left of tim geithner. he is there to execute the obama tax hike don't reform entitlements policy. >> that is a greaeat point. >> he is there to stabilize the debt. >> this is not a centerist appointment. th mr. geithner, i believe he was a centerist. >> why is he a financial market guy? >> he...
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Feb 4, 2012
02/12
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remember clinton triangulated bush, stole his -- >> but the guy's been running for president for five years. i think the american public should know how he plans to -- >> he's like nixon. he's the new new romney. >> it didn't work for gore or kerry. >> this is the tricky part. he says to the american public i am going to make things a lot better. the american public i think is saying how. has he told them how? >> no. there was the 57, 59, i'm starting to lose track, point program. no, i think he needs to come out with that tax plan which he keeps hinting at, showing a little ankle here and there, a little -- >> to help the poor as well as the middle class. >> that's right. >> i thought he didn't care about the poor. >> we need mitt romney to have a little jack chemical np him. >> yes. >> a little jack kemp. entrepreneurial -- >> why -- don't pick up the individual boats. >> it's not about the individual classes. it's about all the classes -- >> a job. >> 243,000 americans have that had month that they didn't before. romney's got a major problem. he's got to change his playbook because
remember clinton triangulated bush, stole his -- >> but the guy's been running for president for five years. i think the american public should know how he plans to -- >> he's like nixon. he's the new new romney. >> it didn't work for gore or kerry. >> this is the tricky part. he says to the american public i am going to make things a lot better. the american public i think is saying how. has he told them how? >> no. there was the 57, 59, i'm starting to lose...
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Jan 7, 2014
01/14
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a lot of stories today about hillary clinton. very interesting, hillary clinton in the paper. former general wes clark is starting a political action committee for hillary clinton. what do you make of the hillary clinton phenomenon? is she really the front-runner or was her moment in the sun peaking in 2008 when one barack obama whooped her? >> it's very, very hard to know. i don't know any more than anybody else knows but i will tell you this. you mentioned liz cheney at the top. there's a deeper part of that story, which is worth mentioning. her social policies don't resonate with young voters at all. >> such as? >> such as her stance on gay rights, which was at odds with her own family. when i look at 2014, the big story isn't 2012 social policy issue, we're just totally at odds where people shook out with those policies. if will be crucial to see where the gop shakes out on social issues and gay rights and -- >> karen, they're going to be pro-life. democrats is the party of pro abortion. on the other hand, i think jake makes some interesting points and i want too get your
a lot of stories today about hillary clinton. very interesting, hillary clinton in the paper. former general wes clark is starting a political action committee for hillary clinton. what do you make of the hillary clinton phenomenon? is she really the front-runner or was her moment in the sun peaking in 2008 when one barack obama whooped her? >> it's very, very hard to know. i don't know any more than anybody else knows but i will tell you this. you mentioned liz cheney at the top. there's...
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May 17, 2012
05/12
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when clinton left office we shall had a balanced budget. i was a member of the budget committee back then. it was democrats that mopped up the mess. president bush didn't pay for the wars that we're undertaking in had country and it was on his watch that wall street collapsed. >> let me just try to get one at a time. look, i want to ask both of you this question. you're going to call me naive and you're probably right. here's what i'm saying. as a matter of presidential leadership, why not say publicly that you all will seek a compromise, that the president will try to identify a compromise process this summer before the election and before the deadlines. in other words, why can't someone at least seek a compromise from -- instead of saying no, marcy kaptur, whatever the details are why doesn't president obama say to john boehner, john, i agree with you, we need to do this sooner rather than later? that's the point -- >> because maybe mr. boehner doesn't agree with president obama. you know it takes two to tango. i didn't hear mr. boehner b
when clinton left office we shall had a balanced budget. i was a member of the budget committee back then. it was democrats that mopped up the mess. president bush didn't pay for the wars that we're undertaking in had country and it was on his watch that wall street collapsed. >> let me just try to get one at a time. look, i want to ask both of you this question. you're going to call me naive and you're probably right. here's what i'm saying. as a matter of presidential leadership, why...
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Jan 14, 2014
01/14
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remember, the whole monica lewinski scandal came out of something else entirely for president clinton. these investigations take on a life of their own. there's the question mark danger for chris christie as well as the danger of some proof coming out that he did not tell the truth or was not forthcoming in that news conference we saw last week. >> i just find myself agreeing with rudy giuliani over the weekend. i don't think the governor would have said what he said at that dramatic two-hour news conference unless he was absolutely certain. but you're right. there is downside risks here there. are loopholes. i appreciate it. eamon, thank you so much. >>> there is no way to spin this. the obamacare demographic numbers released by the administration late today are just ugly. only 24% of the enrollees are ages 18 to 34. that could mean insurance company bailouts may be necessary. even the "new york times" and the a.p. and reuters are playing this report negatively. we will take a closer look at a possible obamacare death spiral next up on "the kudlow report." so i c an reach ally bank 2
remember, the whole monica lewinski scandal came out of something else entirely for president clinton. these investigations take on a life of their own. there's the question mark danger for chris christie as well as the danger of some proof coming out that he did not tell the truth or was not forthcoming in that news conference we saw last week. >> i just find myself agreeing with rudy giuliani over the weekend. i don't think the governor would have said what he said at that dramatic...
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Aug 23, 2012
08/12
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welfare reform and president clinton himself said it's a lie. if there are lies here it's when mitt romney lies about this president's record. >> it's not a lie. read the order hhs put out. it uh allows a state to give welfare without a work requirement. it doesn't matter who asks for it. it's not legal. >> charlie, i love you, but i will take president clinton's word over yours. i'm sorry a. >> even i might win that contest, to tell you the truth. you never know. >> team obama said this woman died because of cancer, that was romney's fault. they accused him of breaking the law. a pack of lies. i think you can't break the work fair rule without a legislator. what do you make of the uh assault during the convention? this is bad form. it is chicago-style politics. might it really backfire as the public sees this? >> i think it can. whether it's bad form or not, here's the bottom line. the obama campaign is not about running on the record of the first term. it is not about running on what would be the agenda for the second term. out's about bringin
welfare reform and president clinton himself said it's a lie. if there are lies here it's when mitt romney lies about this president's record. >> it's not a lie. read the order hhs put out. it uh allows a state to give welfare without a work requirement. it doesn't matter who asks for it. it's not legal. >> charlie, i love you, but i will take president clinton's word over yours. i'm sorry a. >> even i might win that contest, to tell you the truth. you never know. >>...
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Dec 20, 2012
12/12
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it's only been since 1995 that we've had these gun free zones around school, during the clinton administration that was passed. prior to that, if you had concealed carry, virtually all the schools would allow you to carry concealed guns on to school property. >> when people try to get on a plane to do harm, they're all banned, the liquid,s plastic explosives. that doesn't man we don't check people for them. if we banned all guns, it doesn't mean that someone's going to get to the school -- that it can prevent an illegal -- a person with an illegal gun getting into the school. it seems like if this had been god forbid a terrorist attack, whether it's domestic or if there were to be a terrorist attack, we wouldn't be asking where the terrorists got the gun or what kind of guns did the terrorists have in we'd want to make sure someone was there to protect the children from another terrorist attack. and we don't seem to be able to face that reality. >> on the first point that you just brought up, the country up till friday had two of tleet worst public school shootings in world history. in fact, t
it's only been since 1995 that we've had these gun free zones around school, during the clinton administration that was passed. prior to that, if you had concealed carry, virtually all the schools would allow you to carry concealed guns on to school property. >> when people try to get on a plane to do harm, they're all banned, the liquid,s plastic explosives. that doesn't man we don't check people for them. if we banned all guns, it doesn't mean that someone's going to get to the school...
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Feb 16, 2013
02/13
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. >> that's what we got with clinton. >> that's what we got with clinton. he took spending from 21% to 18%. we had an economic boom. milton friedman was right. that's why the gop should get wise and label this an economic growth measure. dan mitchell, thank you very, very, very, very much. now, folks, another question. does welfare really help the poor? we're going whole hog tonight. we got a blockbuster new report that shows welfare actually hurts the poor. that's next up. and later, did you see this? it's a massive meteor strike in russia, leaving hundreds injured. scientists say the impact was similar to a nuclear blast. we're going to have the latest on that. please don't forget, free market capitalism, not welfarism, is the best path to prosperity. it is ladies' night on "the kudlow report." and i know in their hearts they are all free market capitalists. i'm kudlow. we'll be back. ♪ oh, yes it's ladies' night ♪ oh, what a night ♪ ♪ ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesti
. >> that's what we got with clinton. >> that's what we got with clinton. he took spending from 21% to 18%. we had an economic boom. milton friedman was right. that's why the gop should get wise and label this an economic growth measure. dan mitchell, thank you very, very, very, very much. now, folks, another question. does welfare really help the poor? we're going whole hog tonight. we got a blockbuster new report that shows welfare actually hurts the poor. that's next up. and...